Slicing The Price Of A Bagel

The New York bagel doesn't change much, except for the price. And it may serve as a barometer of the changing cost of food. Flour prices have dropped after spiking earlier this year. So at least one bagel shop had dropped its price a dime, to 90 cents. But other shops aren't budging yet.

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STEVE INSKEEP, host:

Today's last word in business involves a product that does not change, except for the price. It's the New York bagel, and it may serve as a barometer of the changing cost of food. Bagels are made with bags of flour that climbed in price almost the one that oil did. A bag that used to cost $27 rose to $60 per bag. But now it's dropped again to a more reasonable $38.

And the New York Daily News tells us that a shop called Hot Bagels & Deli has dropped its bagel prices to consumers. They've gone from a dollar to $.90. You can save a dime in tough times, although not everywhere. Another nearby bagel shop is still charging a dollar. And Dunkin Donuts wants a $1.20. Let's not even get started on the price of a little bit of lox.

That's the business news on MORNING EDITION from NPR News. I'm Steve Inskeep.

RENEE MONTAGNE, host:

And I'm Renee Montagne.

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